Source: Times of India Relevance: Dealing with economic implications of COVID Synopsis: Reversing the pandemic hit to the job market is only a first step. The real jobs challenge still lies ahead. A brief look at the impact of COVID on the job market and the future challenges. Contents1 Context2 Impact of pandemic on jobs3… Continue reading Finding work is work in progress (COVID’s impact on jobs)
Tag: economic growth
Start up and Stand Tall (On India’s start-up ecosystem)
Source: Indian Express Relevance: Demographic dividend and role of start-ups in Indian economy Synopsis: India@75 is on the height of change and, it needs a golden era of global entrepreneurship, technology, and innovation for India@100. Contents1 Context2 India’s unique position in the world3 Growth of start-up ecosystem in India4 What more can be done? Context… Continue reading Start up and Stand Tall (On India’s start-up ecosystem)
Learning from China (On economic growth & development)
Source: Indian Express Relevance: Agriculture reforms on the line of China are necessary to improve living standards Synopsis: The focus of India’s economic policy has to be on quality education, skill development, and agriculture reforms. Lessons from China. Contents1 Context2 Comparison with neighbours3 Reason behind China’s progress4 Suggestions for India Context Post independence we have… Continue reading Learning from China (On economic growth & development)
Our GDP needs the HDP
Source: Indian Express Relevance: Achieving sustainable and inclusive growth for all. Synopsis: Despite the progress achieved in the field of technology; inequality and deprivation are still an important issue that needs to be addressed in India. Measuring Human Development Product might be a solution because GDP just indicates economic growth, while Human Development Product can… Continue reading Our GDP needs the HDP
Animal Spirits Are Back (On upsurge in investment)
Source: Times of India Relevance: Private investment to boost economic growth post-COVID Synopsis: The post-demonetisation, post-GST, and post-Covid economy is witnessing the rise of a new middle sector among Indian companies, that want to grow. Contents1 Context2 Reforms 3 Other factors4 Suggestions/Measures Context The pandemic that caused economic damage all over the world has led most… Continue reading Animal Spirits Are Back (On upsurge in investment)
The foreign stimulus
Source: Business Standard Synopsis: Foreign money pouring into the start-up universe may finally provide the stimulus to the economy that the government was unable to provide. This money would help the country to achieve a sustained growth rate of 7% for the coming years. Background: The Indian start-up scene is on fire. In the first six… Continue reading The foreign stimulus
Our broken growth model is in acute need of some repair work
Source: Live Mint Relevance: Battling the slowdown in Indian economy Synopsis: Solving India’s chicken-and-egg problem of income and investment will take government action. Contents1 Background2 Factors behind economic growth3 Trends & Problems 4 Why private consumption declined?5 Why growth still not picking up? Background India was expected to grow in double digits in 2021-22. However, most… Continue reading Our broken growth model is in acute need of some repair work
Explained: Why China’s growth has slowed to a record low
News:According to China’s National Bureau of Statistics,the Chinese economy grew by just 6% in the third quarter of the current calendar year. Facts: China’s growth slowdown China’s growth rate has been slowing down since the global financial crisis of 2008-09. However,China had recovered quickly and got back to double-digit growth in 2010-11 but since then… Continue reading Explained: Why China’s growth has slowed to a record low
Explained: How Bangladesh’s economic growth is stealing India’s thunder
News:The economic outlook update released by the Asian Development Bank(ADB) has shown how Bangladesh is the standout economy in terms of growth momentum in South Asia. Facts: What did the report said? The report has said that Bangladesh has been experiencing high and consistently rising economic growth rate while maintaining a stable level of inflation.… Continue reading Explained: How Bangladesh’s economic growth is stealing India’s thunder
RBI says lack of domestic demand affecting ‘animal spirits’ of economy
According to the annual report of the RBI,the lack of domestic demand is holding back the animal spirits in the economy. Animal spirit is a term used by the British economist,John Maynard Keynes to describe how people arrive at financial decisions including buying and selling securities in times of economic stress or uncertainty. The report… Continue reading RBI says lack of domestic demand affecting ‘animal spirits’ of economy
